Kiwi Talkz #42 - Josiah Spackman Interview (Cryptocurrency, Blockchain, Bitcoin, DigiByte, ICO, Tax, Housing etc.)
Josiah Spackman is a cryptocurrency investor and speaker and is a member of the Digibyte Foundation.
SOCIAL MEDIA
Youtube - Josiah Spackman - Digibyte
Twitter - @dgb_chilling
Instagram - @Josiah.Spackman
TIMESTAMPS
00:35 - How Josiah Got Into Cryptocurrency
02:20 - Differences Between Bitcoin, Lightcoin and Digibyte
03:35 - What Determines The Speed Of Each Coin
04:30 - Cryptocurrency Is Very Volatile
05:18 - Cryptocurrency Has Still Been Ticking Along Despite COVID-19
05:52 - What Block Chain Is
07:35 - Anonymity Of Cryptocurrency
09:03 - Monetary Limit Of Bitcoin
09:32 - Living Off Just Bitcoin/Making Purchases With Bitcoin
11:38 - NZ Isn’t A Cash Based Society Unlike Some Countries
12:49 - Going Cashless/U.S. Dollar Number 1 Dollar Laundered For Nefarious Purposes
14:07 - Digital Fingerprint Of Cryptocurrency
15:41 - China’s Surveillance Can Still Detect People Based On Their Eyes
16:33 - Black Mirror/Social Credit System In China
18:36 - ICO(Initial Coin Offering)/Pump & Dump Schemes
23:07 - BitTorrent/Youtube Backups
24:42 - Creating Your Own Coin/Josiah Doesn’t Want To Create His Own Coin
26:19 - Red Flags With Certain Coins/BitConnect
28:31 - Investing Is A Gamble/Don’t Take Out Money During A Crash
29:30 - Josiah Bought A House In Auckland
30:38 - You Can Rent And Still Retire By Investing Correctly
32:22 - Peer To Peer Lending
33:28 - Josiah Buying A House Right After 2008 Financial Crisis
34:43 - Boomers Have A Lot Of Disposable Income
37:20 - Paying A Tax On A House Annually
39:33 - Josiah Is Hesitant To Provide Sound Financial Advice About Cryptocurrency
40:52 - Josiah Does Cryptocurrency Because He Loves It Not For Money
42:50 - Josiah Is Terrible With Money
43:09 - Kernel/Not Constantly Looking At Your Investments
44:47 - Cryptocurrency Is A Permissionless Currency
47:20 - Complexity Of Explaining Cryptocurrency/Dont Mortgage Your House
49:10 - Josiah’s Toilet Paper Story/Self Fulfilling Prophecy
52:08 - Negative Things Being Replaced By The Next Negative Thing
52:52 - Emotion Clouds Logical Thought/ Desire Vs Require
54:20 - Allocating Money From Coffee To Digibyte
55:35 - Josiah Sucks At Sticking To Plans/DOOM Eternal/Video Games
57:09 - Josiah Did A Tax Submission To The Government
59:37 - Document Was 40 Pages/Details Of TWG Document/IRD Are Forward Thinking
1:02:52 - Trying To Write The Document So A Five Year Old Could Understand It
1:04:00 - Having A Panel To Provide Expertise To Politicians
1:04:37 - Some Of The Document Has Been Applied By IRD
1:05:49 - Josiah Tells His NZ Herald Cryptocurrency Mining Story
1:09:18 - America’s Cryptocurrency Laws/Tax On Video Games Currency
1:10:45 - Josiah Views On Cryptocurrency Tax
1:12:07 - Josiah Wants There To Be A Cryptocurrency App To Pay For Goods/EFTPOS Vendors
1:14:31 - Cybersecurity/Having A Password Is A Bad Idea/QR Code
1:18:04 - Signing Into Websites Using Facebook Or Google Downsides
1:22:12 - Reece Doesn’t Watch Series Or Video Games These Days Because Of Time
1:23:17 - Netflix Will Make A Ton Of Money From COVID-19
1:23:59 - Podcasts/NZ Podcasts/Why Reece Uses Timestamps
1:26:47 - Joe Rogan Format/Giving People Choice
1:27:52 - Where To Follow Josiah Spackman
1:29:21 - COVID-19 Is A Pivotal Moment In History/NZ Going Cashless